By continuing to use this site you consent to the use of cookies on your device as described in our
Cookie Policy unless you have disabled them. You can change your Cookie Settings at any time but parts of our site will not function correctly without them.

At a press conference, highlighting the achievements of his ministry, Goyal said the railways had registered its best ever safety record in 2017-18 with consequential train accidents reduced to 62 per cent -- from 118 in 2013-14 to 73 in 2017-18.

"Maintenance of the tracks, which was due for decades, is causing train delays. The passengers are well aware why the trains are getting delayed and they know that the Indian Railways is getting future-ready. Everyone knows what we have received in inheritance," he said.

Stating that the average annual capital expenditure in the rail sector in the last four years was more than double the average of what it was during 2009-2014, he said there was a 59-per cent increase in the average pace of commissioning new lines -- from 4.1 km (2009-14) to 6.53 km per day (2014-18).

Goyal also pointed out that in 2017-18, about 5,000 km of railway tracks were renewed.

In six-seven years, the railways aimed at doubling its income to become "self-reliant", he said, adding that the national transporter had provided free wi-fi services at over 675 stations and it planned to extend the service to over 6,000 more stations.

It had recorded the highest ever freight-loading of 1,162 MT in 2017-18 and 1,107 MT in 2016-17 and the freight earnings had also shot up, with a 12-per cent increase expected over the previous year, projected to be around Rs. 1.17 lakh crore in 2017-18, Goyal said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)